84692 Pavone Way, Indio, California 92203, Indio, 92203 - 4 bed, 3 bath

84692 Pavone Way, Indio, California 92203 home-pic-0
ACTIVE$599,900
84692 Pavone Way, Indio, California 92203
4Beds
3Baths
2,472Sqft
7,405Lot

Price Vs. Estimate

The estimated value ($567,600.12) is $32,299.88 (5%) lower than the list price ($599,900). This property may be overpriced.

Key pros and cons

Top Pros:
Prime Location & Views: Situated within the upscale, private gated community of Terra Lago, the property offers awesome panoramic views of the golf course, mountains, desert, and city lights.
Top Cons:
Significant Price Reduction History: The property has undergone multiple substantial price reductions, dropping $100,000 from its original list price, which could suggest it was initially overpriced or has faced challenges in attracting buyers.

Compared to the nearby listings

Price:$599.9K vs avg $570.5K (+$29,400)57%
Size:2,472 sqft vs avg 2,160.5 sqft71%
Price/sqft:$243 vs avg $27421%

More Insights

Built in 2008 (17 years old).
Condition: The property was built in 2008, making it 16 years old, which falls within the 'Good' category. The kitchen features custom cabinets, granite countertops, and stainless steel appliances, all appearing well-maintained and functional, though the cabinet style leans more traditional than modern. Bathrooms are also in good condition with similar finishes. Flooring is a mix of tile and carpet, showing minimal wear. The home is described as 'turnkey' with a dual-unit AC, home theater, and Tesla charging station, indicating good overall maintenance and desirable features. While not extensively renovated within the last 5 years to qualify as 'Excellent,' it is move-in ready with no immediate repairs needed.
Year Built
2008
Close
-
List price
$600K
Original List price
$700K
Price/Sqft
$243
HOA
$325
Days on market
-
Sold On
-
MLS number
IV25110004
Home ConditionGood
Features
Excellent View: Back Bay, City Lights, Courtyard, Desert, Golf Course, Hills, Mountain(s), Panoramic
Patio
ViewBack Bay,City Lights,Courtyard,Desert,Golf Course,Hills,Mountain(s),Panoramic

About this home

PRICE DROP!!!!!!!!!! 50K BETTER HURRY!!!!!!!!!!!WELCOME TO YOUR NEW HOME IN THE UPSCALE PRIVATE GATED COMMUNITY OF TERRA LAGO. THIS IS A GREAT OPPORTUNITY FOR YOU TO OWN A TURN KEY HOME WHERE ATTENTION TO DETAIL IS EVIDENT. BEAUTIFUL AND SPACIOUS COURTYARD LEADING UP TO YOUR FRONTDOOR.THE HOME IS LOCATED ON THE GOLF COURSE WITH AWESOME VIEWS OF THE COURSE AND MOUNTAINS.THIS HOME BOASTS 4 BEDROOMS, 3 FULL BATHS IN 2472 SQ FEET OF PURE LUXURY. THE KITCHEN HAS CUSTOM CABINETS, GRANITE COUNTER TOPS AND A HUGE CENTER ISLAND BAR.THE BEAUTIFUL LARGE PRIMARY BEDROOM HAS HUGE WALK-IN CLOSET THAT IS READY FOR YOUR BELONGINGS, AWESOME VIEWS OF THE MOUNTAINS AND FRENCH DOORS GOING OUT TO THE PATIO FOR YOUR MORNING COFFEE. THERE IS A DUAL UNIT AC WITH 3 ZONES AND A BUILT IN SURGE PROTECTOR. THE HOME COMES WITH YOUR OWN CUSTOM HIGH-END HOME THEATER ROOM ANCHORS THE SPACIOUS SINGLE LEVEL FLOOR PLAN. THERE IS AN ATTACHED 3 CAR TANDEM GARAGE WITH IT'S OWN TESLA CHARGING STATION. THE BACK YARD HAS A COVERED PATIO LOOKING OUT OVER THE GOLF COURSE WITH MOUNTAIN VIEWS WHILE YOU ENJOY YOUR NIGHT IN FRONT OF THE FIRE PIT. THIS HOME IS PRICED TO SELL FAST SO DON'T HESITATE OR YOU WILL MISS OUT!!!!!!!! LOW STR FEES AND NO RESTRICTIONS. DUES INCLUDE GUARDED GATES, 2 RESIDENT GATES, HIGH SPEED INTERNET AND DIRECT TV. YOU ALSO ENJOY 24 HOUR GATED ACCESS,LAKE ACCESS,CLUBHOUSE AND POOL ACCESS. ELECTRICTY IS THRU IID FLAT RATE NON-TIERED RATE. EFFICIENT LANDSCAPING WITH ARTIFICIAL TURF IN BACK YARD. PROPERTY IS LOCATED 30 MINUTES FROM JOSHUA TREE NATIONAL PARK.

Nearby schools

/10
Dwight Eisenhower Elementary School
Public,K-51.5mi
4/10
Desert Ridge Academy
Public,6-85.4mi
5/10
Shadow Hills High School
Public,9-125.2mi
Condition Rating
Good

The property was built in 2008, making it 16 years old, which falls within the 'Good' category. The kitchen features custom cabinets, granite countertops, and stainless steel appliances, all appearing well-maintained and functional, though the cabinet style leans more traditional than modern. Bathrooms are also in good condition with similar finishes. Flooring is a mix of tile and carpet, showing minimal wear. The home is described as 'turnkey' with a dual-unit AC, home theater, and Tesla charging station, indicating good overall maintenance and desirable features. While not extensively renovated within the last 5 years to qualify as 'Excellent,' it is move-in ready with no immediate repairs needed.
Pros & Cons

Pros

Prime Location & Views: Situated within the upscale, private gated community of Terra Lago, the property offers awesome panoramic views of the golf course, mountains, desert, and city lights.
Extensive Modern Upgrades & Features: The home boasts a turnkey condition with a remodeled kitchen (custom cabinets, granite countertops, huge island), dual-zone AC, a dedicated high-end home theater, and a 3-car tandem garage with a Tesla charging station.
Comprehensive Community Amenities: The HOA provides guarded gates, high-speed internet, Direct TV, lake access, clubhouse, and pool access, significantly enhancing the lifestyle and value proposition.
Favorable Financial Aspects: Benefits from a significant $100,000 price reduction from its original list price and advantageous IID flat-rate, non-tiered electricity, potentially offering lower utility costs.
Short-Term Rental Potential: The property explicitly states 'NO RESTRICTIONS' regarding short-term rentals, making it an attractive option for investors or those seeking income generation.

Cons

Significant Price Reduction History: The property has undergone multiple substantial price reductions, dropping $100,000 from its original list price, which could suggest it was initially overpriced or has faced challenges in attracting buyers.
Ongoing HOA Dues: The monthly association fee of $325, while covering numerous amenities, represents a significant recurring cost that buyers must factor into their budget, potentially impacting affordability.
Limited Natural Green Space: The backyard features 'efficient landscaping with artificial turf,' which, while low-maintenance, may not appeal to buyers desiring natural grass or extensive gardening opportunities.

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